Capital Preservation
topic on 2 shows · 2 statements across 2 episodes
My First Million 
Capital Allocators
2 statements about Capital Preservation, every show
Sonnenfeldt: The ultra-wealthy should limit annual spending to 2% of assets
“If you're solely living on the investments in your portfolio, if you can live on two percent of your assets or less, then you're in a safety zone, and obviously some people have the good fortune to earn a lot more than two or three or four percent on their ass…”
Marshall: Minimizing left-tail risk is the best path to long-term compounding
“I think, if anything, my bias was more about capital preservation, because when you grow up in the world of high yield, emerging debt, and even growing up in Mexico City, you grow up understanding that capital preservation and trying to do your best to minimiz…”